HDFC SIP Plans

HDFC SIP Plans offer a hassle-free approach to wealth creation. Whether you are planning for your future goals or seeking to build a robust investment portfolio, HDFC SIP Plans provide a simple and systematic way to grow your wealth over time.

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SIP Insurance Plan Benefits
Start SIP with as low as ₹1000
Start SIP with as low as ₹1000
No hidden charges
No hidden charges
Save upto ₹46,800 in Tax
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax
Zero LTCG Tax
Disciplined & worry-free investing
Disciplined & worry-free investing

  • Insurance Companies
  • Mutual Funds
Returns
Fund Name 3 Years 5 Years 10 Years
Virtue II PNB Metlife 18.68% 25.83%
16.48%
View Plan
Pure Equity Birla Sun Life 17.56% 21.84%
15.07%
View Plan
Large Cap Equity Fund Tata AIA 18.45% 21.82%
14.88%
View Plan
Grow Money Plus Fund Bharti AXA 14.74% 18.58%
14.12%
View Plan
Pure Stock Fund Bajaj Allianz 17.34% 20.53%
14.04%
View Plan
Diversified Equity Fund HDFC Standard 14.77% 17.79%
13.96%
View Plan
Growth Super Fund Max Life 15.5% 17.5%
12.83%
View Plan
Equity Fund SBI 14.88% 16.53%
12.1%
View Plan
Bluechip Fund ICICI Prudential 13.23% 15.89%
11.33%
View Plan
Growth Plus Fund Canara HSBC Oriental Bank 12.92% 13.89%
10.36%
View Plan

Updated as of Nov 2024

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  Returns
Fund Name 3 Years 5 Years 10 Years
Active Fund QUANT 24.92% 31.48%
21.87%
Flexi Cap Fund PARAG PARIKH 20.69% 26.41%
19.28%
Large and Mid-Cap Fund EDELWEISS 22.34% 24.29%
17.94%
Equity Opportunities Fund KOTAK 24.64% 25.01%
19.45%
Large and Midcap Fund MIRAE ASSET 19.74% 24.32%
22.50%
Flexi Cap Fund PGIM INDIA 14.75% 23.39%
-
Flexi Cap Fund DSP 18.41% 22.33%
16.91%
Emerging Equities Fund CANARA ROBECO 20.05% 21.80%
15.92%
Focused fund SUNDARAM 18.27% 18.22%
16.55%

Updated as of Nov 2024

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What is the HDFC SIP Plan?

HDFC SIP (Systematic Investment Plan) is an investment option offered by HDFC Life Insurance and HDFC Mutual Fund House that allows you to invest in your market-linked fund in a disciplined manner.

In HDFC SIP Plan, you regularly invest a fixed amount of money at specified intervals (like monthly or quarterly) into Unit Linked Insurance Plan (ULIP) funds and mutual fund schemes.

This approach helps you to systematically accumulate wealth over time by averaging the cost of your investments, as they buy more units when prices are lower and fewer units when prices are higher. It is a disciplined and convenient way for you to invest in ULIP funds and mutual fund schemes without the need for a large initial investment. 

Top HDFC SIP Plans in 2024

HDFC offers a wide range of SIP plans across different categories of ULIP funds and mutual funds.

  1. HDFC SIP Plans – ULIP Funds

    Some of the best SIP plans offered by ULIP-based funds are listed below:

    Fund Name Risk Category 3-Year Returns 5-Year Returns
    HDFC Discovery Fund Very High 21.9% 32.6%
    HDFC Equity Advantage Fund Very High 17.5% 24.3%
    HDFC Opportunities Fund Very High 19.4% 25%
    HDFC Diversified Equity Fund Very High 14.7% 20.5%
    HDFC Balanced Fund Moderate 10.3% 14.2%
    HDFC Bond Fund Low 4.8% 5.6%
  2. HDFC SIP Plans – Mutual Fund Schemes

    Fund Name Risk Category 3-Year Returns 5-Year Returns
    Equity Funds
    HDFC Infrastructure Fund Very High 36.60% 28.70%
    HDFC Small Cap Fund Very High 26.33% 31.71%
    HDFC Mid Cap Opportunities Fund Very High 29.56% 32.37%
    Debt Funds
    HDFC Dynamic Debt Fund Moderate 6.27% 7.79%
    HDFC Credit Risk Debt Fund Moderately High 6.56% 7.98%
    Hybrid Funds
    HDFC Balanced Advantage Fund Very High 23.88% 22.95%
    HDFC Hybrid Equity Fund Very High 15.00% 18.64%
    HDFC Multi Asset Fund High 14.73% 18.39%

Details of HDFC SIP Plans – Top 5 ULIP Funds

  1. HDFC Discovery Fund

    The HDFC Discovery Fund is a Unit Linked Insurance Plan (ULIP) offered by HDFC Life Insurance Company. It is an equity-oriented fund that invests in a diversified basket of stocks across various sectors.

    Features of SIP in HDFC Discovery Fund:

    • Investment Objective: The Fund targets long-term capital growth by primarily investing in mid-cap companies. It can allocate up to 100% to mid-cap stocks as per the Nifty Midcap 100 index, with the flexibility to invest up to 25% outside this range. Additionally, it may allocate up to 10% to fixed income instruments, cash, and other liquid assets.

    • Launch Date: Sept 03, 2018

    • Benchmark Index: Nifty MidCap 100 Index 

  2. HDFC Flexi Cap Fund

    The HDFC Flexi Cap Fund is an open-ended dynamic equity mutual fund scheme offered by HDFC Mutual Fund. It invests across large-cap, mid-cap, and small-cap stocks to build a diversified portfolio.

    Features of SIP in HDFC Flexi Cap Fund:

    • Investment Objective: To achieve high long-term returns by investing in stocks across large, mid, and small-cap segments.

    • Launch Date: Oct 26, 2023

    • Benchmark Index: NSE Nifty 50 Index 

    • Fund Managers: Mr Priyank Singhal

  3. HDFC Equity Advantage Fund

    The HDFC Equity Advantage Fund is a market-linked fund scheme offered by HDFC Life Insurance Company. This fund primarily invests in a diversified portfolio of equity and equity-related securities across various sectors and market capitalizations.

    Features of SIP in HDFC Equity Advantage Fund:

    • Investment Objective: To achieve long-term capital growth by diversifying investments across companies of various market capitalizations. Up to 20% of the fund can be allocated to fixed income instruments, money market instruments, cash, deposits, and liquid mutual funds.

    • Launch Date: Feb 07, 2019

    • Benchmark Index: BSE-200 Index 

    • Fund Managers: Mr Priyank Singhal

  4. HDFC Blue Chip Fund

    HDFC Blue Chip Fund is designed to provide you with the opportunity to invest in a diversified portfolio of large-cap equities, aiming for long-term capital appreciation. The fund typically invests in well-established companies with a strong track record of performance and stability, thereby potentially reducing the risk associated with investing in equities.

    Features of SIP in HDFC Blue Chip Fund:

    • Investment Objective: The fund aims for medium to long-term capital growth by investing mostly in large-cap companies resilient across economic cycles. It'll allocate at least 80% to companies with higher market cap than the least weighted in the BSE100 index, and up to 20% to money market instruments/cash..

    • Launch Date: January 05, 2010

    • Benchmark Index: BSE-100 Index 

    • Fund Managers: Mr Nishit Dholakia

  5. HDFC Balanced Fund

    HDFC Life Balanced Fund is a Unit Linked Insurance Plan (ULIP) offered by HDFC Life Insurance Company. It is a balanced mutual fund that invests in a mix of equity and debt instruments. The asset allocation is typically 50-70% in equities and 30-50% in debt.

    Features of SIP in HDFC Balanced Fund:

    • Investment Objective: To merge the stability offered by debt instruments with the potential for long-term capital appreciation provided by equities through investments in both.

    • Launch Date: Sept 08, 2010

    • Benchmark Index: 60% BSE-100 40% CRISIL Composite Bond Fund Index 

    • Fund Managers: Mr Pranav Parekh & Mr Abhishek Agarwal

    • Current NAV (as of January 31, 2024): ₹ 207.48

Details of HDFC SIP Plans – Top 5 Mutual Fund Schemes

  1. HDFC Infrastructure Fund

    The HDFC Infrastructure Fund is a mutual fund scheme offered by HDFC Mutual Fund. It is an equity fund that invests predominantly in companies engaged in or expected to benefit from the growth and development of infrastructure. The fund manager actively manages the portfolio, investing in companies across market capitalizations.

    Features of SIP in HDFC Infrastructure Fund:

    • Investment Objective: To mostly put money into different types of stocks and investments from companies that work on building infrastructure like roads, bridges, and utilities. It might also use some of the money, but not more than 35%, to invest in companies that aren't focused on infrastructure. The plan can invest in both big and small companies, giving it flexibility.

    • Launch Date: Dec 10, 1999

    • Benchmark Index: S&P BSE India Infrastructure Index 

    • Fund Managers: Mr. Srinivasan Ramamurthy & Mr. Dhruv Muchhal

  2. HDFC Dynamic Debt Fund

    HDFC Dynamic Debt Fund is an open-ended dynamic debt mutual fund scheme offered by HDFC Mutual Fund. It invests in a mix of debt instruments, money market instruments, and securities of Real Estate Investment Trusts (REITs).

    Features of SIP in HDFC Dynamic Debt Fund:

    • Investment Objective: To make money by investing in various debt and money market assets to generate income or increase capital value.

    • Launch Date: Dec 10, 1999

    • Benchmark Index: CRISIL Dynamic Bond B-III Index 

    • Fund Managers: Mr. Anil Bamboli & Mr. Dhruv Muchhal

  3. HDFC Balanced Advantage Fund

    The HDFC Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme offered by HDFC Mutual Fund. It invests in a mix of equity and fixed-income securities, with the proportion between the two asset classes being dynamically managed by the fund manager based on their market outlook.

    Features of SIP in HDFC Balanced Advantage Fund:

    • Investment Objective: To grow your investment over time by combining stocks and bonds to generate capital gains or regular income.

    • Launch Date: Dec 10, 1999

    • Benchmark Index: NIFTY 50 Hybrid Composite debt 50:50 Index 

    • Fund Managers: Mr. Anil Bamboli, Mr.  Gopal Agrawal, Mr. Arun Agarwal, Mr. Srinivasan Ramamurthy, Mr. Nirman Morakhia, & Mr. Dhruv Muchhal

  4. HDFC Retirement Savings Fund Equity Plan

    The HDFC Retirement Savings Fund Equity Plan is a flexi-cap mutual fund scheme offered by HDFC Mutual Fund. It invests a minimum of 65% of its assets in equity stocks and the remaining in equity-oriented instruments. The fund aims to generate capital appreciation for investors over a long-term investment horizon.

    Features of SIP in HDFC Retirement Savings Fund Equity Fund:

    • Investment Objective: To help investors reach their retirement goals by investing in both stocks and bonds to achieve long-term growth and income.

    • Launch Date: Dec 10, 1999

    • Benchmark Index: NIFTY 500 Index 

    • Fund Managers: Mr. Shobhit Mehrotra, Mr. Srinivasan Ramamurthy, & Mr. Dhruv Muchhal

  5. HDFC Dynamic PE Ratio FoF

    The HDFC Dynamic PE Ratio FoF is a Fund of Funds (FoF) mutual fund scheme offered by HDFC Mutual Fund. It invests in a basket of other equity mutual funds that are chosen based on their dynamic PE ratio. The PE ratio, or price-to-earnings ratio, is a valuation metric that compares a company's current stock price to its earnings per share (EPS).

    Features of SIP in HDFC Dynamic PE Ratio FoF:

    • Investment Objective: To grow capital by balancing investments between HDFC Mutual Fund's chosen equity and debt schemes.

    • Launch Date: Dec 10, 1999

    • Benchmark Index: NIFTY 50 Hybrid Composite Debt 65:35 Index 

    • Fund Managers: Mr. Anil Bamboli & Mr. Srinivasan Ramamurthy

Benefits of Investing in HDFC SIP Plans

The best SIP Plans offered by HDFC investment options provide various benefits, such as follows:

  • SIPs create a habit of financial discipline by promoting regular investing.

  • They help average out investment costs over time, reducing the impact of market volatility.

  • SIPs offer flexibility, allowing investors to start with a low amount and adjust investments according to their financial situation.

  • They harness the power of compounding for long-term wealth accumulation.

  • HDFC SIP plans enable effective portfolio diversification across various asset classes and risk profiles.

  • HDFC SIP Calculator provides a handy online financial tool for you to estimate potential returns and plan your investment strategies effectively.

  • Experienced fund managers handle investments, potentially optimizing returns.

  • SIPs offer convenience through automated investing via ECS mandates.

  • Ideal for achieving long-term financial goals such as retirement planning or education funding.

  • HDFC SIP plans ensure transparency by providing regular updates on fund performance.

  • Depending on the investment type and duration, investors may enjoy tax benefits under applicable sections of the Income Tax Act.

Calculating Returns on HDFC SIP Plans

Calculating returns is important to evaluate the performance of your SIP investments and confirm they are in line with your financial objectives. This can be done manually or by using an SIP return calculator. An SIP calculator is a financial tool that helps estimate potential returns on your SIP investments. By entering information like the investment amount, duration, and anticipated rate of return, the calculator provides an estimate of the total wealth accumulated by the end of the investment period.

Summing It Up

HDFC SIP plans offer a convenient and disciplined approach to investing in market-linked funds, allowing you to achieve your financial goals through regular and systematic contributions. With a diverse range of investment options and the flexibility to start with minimal amounts, HDFC SIP plans empower you to build wealth over time while mitigating market volatility.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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